Group Loans for Cooperatives, Associations, and Staff Unions in Nigeria
Are you part of a cooperative, school, or professional body looking for a convenient loan option?
The MoneyTrust Group Loans is a joint financing solution designed to support individuals who come together under a recognized association, cooperative, or organization to access funding collectively. It’s ideal for cooperative societies, school staff, civil service groups, and professional unions.
✅ Key Benefits of the Group Loan Scheme
- Collective Financing – Designed for groups, associations, and organizations
- Flexible Tenor Options – Up to 6 months, or 12 months for salaried employees in organized institutions
- Affordable Repayment Terms – Easy repayment through post-dated cheques
- Support for Various Needs – Ideal for education, welfare, business funding, or personal emergencies
📌 Who Can Apply for a Group Loans?
The Group Loans is suitable for:
- Registered cooperative societies
- School staff and teachers
- Employees of regulatory or professional bodies
- Associations and unions with structured leadership and membership
📝 Application Requirements
To apply for the MoneyTrust Group Loans, your group must provide:
- Post-dated cheques for repayment over the loan tenor
- Written guarantee or endorsement from group executives, association leaders, or company management
- Insurance coverage, as may be applicable
- Additional documentation may be requested depending on group structure
💼 Loan Details
Loan Amount: Based on group size and repayment capacity
Tenor:
Up to 6 months for general associations
Up to 12 months for salaried employees in organized institutions
Rollover Option: Available based on group performance and repayment history
🤝 Empower Your Group with Collective Financing
Whether you’re saving towards a common goal, covering emergency needs, or empowering members to grow, the MoneyTrust Group Loans provides the financial backing your association deserves.
